DNV KEMA was proud to participate in the ECF’s Roadmap 2050 project, alongside consultants from McKinsey, Imperial College London, RAP, and E3G. We’re excited to share the results with you here, as we’re sure that the findings will have significant implications for the Smart Grid community.
From the executive summary:
In October 2009, the European Council set an economy-wide greenhouse gas (GHG) abatement objective of 80–95% below 1990 levels by 2050. In support of this objective, the European Climate Foundation (ECF) initiated a study to establish a fact base for achieving this goal and to derive the implications for European industry and in particular for the power sector. The result was Roadmap 2050: a practical guide to a prosperous, low carbon Europe, published in April 2010. It showed that the transition to a fully reliable, fully decarbonised power sector by 2050 is a pre-condition for achieving the 80% economy-wide emissions reduction targed. The study also established that full power sector decarbonisation is technically feasible and economically affordable. On March 8, 2011, the European Commission confirmed this conclusion when it published “A roadmap for moving to a competitive low carbon economy in 2050”. In that document, the Commission set out sectoral carbon dioxide (CO2) reduction trajectories with a mid-term view on 2030 to steer the decarbonisation of the economy on a manageable and cost-effective course. For the power sector, the Commission proposed a CO2 reduction range of between 54% and 68% by 2030 compared to 1990 levels. Later this year, the Commission will follow up with a specific energy roadmap that analyses pathways based on this trajectory towards 2030 and the 80-95% reduction by 2050, while improving energy security and competitiveness. It is in the context of these new policy developments that the ECF decided to embark on a new study, Power Perspectives 2030: on the road to a decarbonised power sector. This study provides a view on the progress that is necessary by 2030, creating a way-point by which to navigate the path to a fully decarbonised power sector by 2050.
Download Power Perspectives 2030 — Full Report from European Climate Foundation
Download Power Perspectives 2030 — Launch Presentation from European Climate Foundation